2016

Students of "Lean and Green Management" course had an opportunity to witness Lean and Green Management in action at Toyota Kirloskar Auto Parts Pvt. Ltd. (TKAP), Bidadi on the outskirts of Bangalore on November 19, 2016.

TKAP was established in 2002 and manufactures Axles & Shafts, Transmissions and Engines for Toyota vehicles. These power train subsystems are supplied to Toyota companies in India and globally. Read More>

A one-day workshop on the theme of “Social Responsibility and Sustainability” was organised on November 17, 2016 preceding the 2nd International Economics conference at the Institute. The event was inaugurated by Dr. KaliappaKalirajan, Professor of Economics of Australian National University, and he followed up by delivering a session on the topic of the workshop. Dr. Kalirajan presented a case study of Uttarakhand state in India relating to “Self Help Group – Social Responsibility Nexus”. Read More>

A one-day workshop on the theme of “Social Responsibility and Sustainability” was organised on November 17, 2016 preceding the 2nd International Economics conference at the Institute. The event was inaugurated by Dr. KaliappaKalirajan, Professor of Economics of Australian National University, and he followed up by delivering a session on the topic of the workshop. Dr. Kalirajan presented a case study of Uttarakhand state in India relating to “Self Help Group – Social Responsibility Nexus”.

This was followed by a session from Dr. Stephen Aro- Gordon, Professor of Finance in Baze University, Nigeria who focused on the Sustainable Ranking Principles in Nigeria which include 4Ws and 1H of the sustainable banking in Nigeria. He stressed that the need for social responsibility is gaining significance in the context of uncharacteristic situation of rapid growth and high unemployment in Nigeria.

In the post lunch session, Shri. AbhishekRanjan, Global Head–CSR and Sustainability of Brillio Technology Ltd., in his talk emphasised the need for responsible corporate practices towards society to sustain the growth.

The paper ‘Impact of central explicit subsidies on fiscal deficit in India: an empirical study’ by Dr. B. Venkatraja, Professor – Economics, SDMIMD, has won the Best Paper Award at 5th International conference on Global Business, Economics, Finance and Social Sciences on the them ‘Global Business, Economics & Sustainability’ held during April 1 to 3, 2016 at Chennai.

Dr. KaliappaKalirajan, Professor of Economics of Australian National University, offered seminar course on ‘Productive Efficiency’ to PGDM 2016-18 Batch during November 15 & 16, 2016 at SDMIMD.

The central theme of the course was on conveying the importance of productivity with respect to country’s growth emphasising on both empirical and practical applications.The course had focused discussion on the contribution of different factors of production to earn optimal outputs;

the best practices for optimal productivity; models to measure productivity, which was demonstrated and explained by taking the example agricultural production as the output and labour, fertilizers, land are the contributing input factors that was taken in order to explain the model. Further, ordinary least squares and general least squares method was explained using multiple linear regression model; stochastic model was highlighted to explain the example of agriculture and the limitations of the model as well was explained.

The day-two of the course introduced the young managers on the sources and factors that influences country’s growth was explained by taking India and Vietnam as the example. Decomposition function during different time periods (say T1 & T2) was used in the process of analysing the reasons for growth. The difference between the actuals, estimates (of outputs & inputs) was calculated to measure the differences in the total factor productivity growth rate.

SDMIMD joined hands with Mysore Chapter of The Institute of Cost Accountants of India (ICAI), to commemorate Golden Jubilee Celebrations of ICAI Mysore Chapter organised a Seminar on 12th November 2016 at SDMIMD. The theme of the seminar was “Make in India – Relevance of Cost Management“ and “Current Development in GST”.

The Seminar was inaugurated by CMA G.N. Venkataraman, past President of ICAI of India. Dr. M. Sriram, Professor – Finance, SDMIMD joined the dignitaries to light the traditional lamp. The event is presided over by CMA Suresh Gunjali, Secreary, SIRC of ICAI. CMA M. Ashok Kumar Chairman, Mysore Chapter reminisced about the initial path of journey of the Mysore Chapter, while Secretary CMA K.M. Lalu proposed vote of thanks.

During the inaugural session the Souvenir was released by CMA ZithendraRao, Member – SIRC of ICAI.

CMA P. Thiruvengadam, a retired Senior Director – Management consultancy services, Deloitte ToucheTohamatsu India Pvt. Ltd, was the resource person of the first Technical session. He has given vivid description on “Make in India – Relevance of Cost Management “.

Mr G. Shivadass, a Principal Partner of Firm LakshmiKumaran & Sridharan, Bangalore, was a resource person of Second Technical session on the theme of “Current Development in GST”. He emphasized the necessity for GST which has the potential for improving GDP and to provide better business atmosphere as well as reduction of MRP of the product to the ultimate customers.